Building Details

Year Built 1999

Listing Agency: Drakeley Real Estate, Inc. j***@drakeley.com Show Phone

Listed By: JEFFREY BOUCHER · License #RES.0802561

Source: Corcoran

Added: Mar 6 Changed: Aug 11 Last Checked: Aug 12 at 6:26AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Drakeley Real Estate, Inc.

Investment Insights

Based on property information with market context.

This newly renovated commercial space is located in Bethlehem, near Watertown and Woodbury. The flexible three-room suite features a large, open main room or reception area with vaulted ceilings, natural light from numerous windows, and built-in storage. There are also two private offices suitable for medical or therapeutic purposes. The space is suitable for a church group, daycare, or a business needing a showroom and office combination. The owner is willing to offer build-out options for the right tenant and lease terms. Rent includes electricity, heating, and cooling. The building is ADA compliant and offers ample parking. The property is intended for commercial use.

Key Highlights

• Rent includes electricity, heating, and cooling.
• Newly renovated, flexible 3‑room suite with large open main room and 2 private offices.
• Excellent location in Bethlehem, close to Watertown and Woodbury, with plenty of parking.

Property Analytics

Property Profile

Current Use

Weathertite Sales, LLC Roofing Company CT Gutter Helmet, ... Hardware & Home Improvement KNL Asphalt Paving ... General Contractor Real Estate Photography ... Photography Service 550 Gallery and Studios Art Gallery

Suggested Use

Top Pick Building Supply Auto Repair Shop Garden Center Hair Salon Nail Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$3.38 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

38

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 06751, CT

3,367

Population

1,499

Households

2.2

Avg Household Size

52

Median Age

37%

College-Educated

99%

High-School Grad

19.0 sq mi

ZIP Area

177

Density / Sq Mi

$106,731

Median Household Income

$52,813

Median Earnings

$1,149

Median Rent

$392,300

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Renovated commercial space suitable for various businesses.

Where is this medical office space located?

The property is located at 550 Main Street South #Unit 1 Bethlehem, CT.

What is the lease rate?

The lease rate is $2,250/Mo.

What are key features of this property?

This property features: Rent includes electricity, heating, and cooling.; Newly renovated, flexible 3‑room suite with **large open main room and 2 private offices**.; Excellent location in Bethlehem, close to Watertown and Woodbury, with plenty of parking.